Is Hartwood, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hartwood has remained a Seller's Market.
Housing Prices in Hartwood, VA
How much do homes in Hartwood, VA cost?
Median Sold Price
$610,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hartwood was $610,000 in May 2024, up 6.4% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $180K | N/A |
2 Bedrooms | $395K | $380.5K | -3.7% |
3 Bedrooms | $474.6K | $505K | +6.4% |
4 Bedrooms | $617.4K | $630K | +2.0% |
5+ Bedrooms | $665K | $700K | +5.3% |
Summary: Hartwood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
Rock Hill | $525K | $560K | +6.7% |
Hartwood | $573.4K | $610K | +6.4% |
Stafford | $503.1K | $524.9K | +4.3% |
Falmouth | $427.5K | $434.9K | +1.7% |
Garrisonville | $503.7K | $500K | -0.7% |
Housing Supply in Hartwood, VA
How many homes are available in Hartwood, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
153 | 158 | +3.3% |
Summary: The Hartwood real estate market had 158 homes for sale in May 2024, a 3.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 33 | 37 | +12.1% |
4 Bedrooms | 61 | 60 | -1.6% |
5+ Bedrooms | 51 | 55 | +7.8% |
Summary: The Hartwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 7.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 28 | -39.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Hartwood in May 2024, down by 39.1% month-over-month. Of the 28 sold homes, 18% were sold under asking, 29% were sold at asking, and 54% were sold over asking.
Days on Market for Hartwood, VA
How long does it take to sell a home in Hartwood, VA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 9 Days | -46.5% |
Summary: Homes in Hartwood had an average of 9 days on market in May 2024, down by 46.5% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 28 homes were sold in Hartwood; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.